Oak Ridge Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 853183278 ✦ Oak ridge, TN ✦ Designated as a 501(c)(3)

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Overview

What is Oak Ridge Foundation?

The Oak Ridge Foundation is a nonprofit organization with a mission to promote and encourage scientific and educational initiatives that align with the objectives of Oak Ridge National Laboratory (ORNL) and the U.S. Department of Energy (DOE). Their work is aimed at upholding the economic, energy, and national security interests of the United States. The foundation serves as a bridge, fostering collaborations that contribute to advancing knowledge and innovation in these sectors.

Is Oak Ridge Foundation legitimate?

Oak Ridge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Ridge Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Oak Ridge Foundation?

The Oak Ridge Foundation's mission is to promote and encourage scientific and educational initiatives that align with the objectives of Oak Ridge National Laboratory (ORNL) and the U.S. Department of Energy (DOE). These endeavors aim to serve the economic, energy, and national security interests of the United States. By supporting these activities, the foundation contributes to the advancement of knowledge and innovation in these critical areas.

What is the revenue of Oak Ridge Foundation?

Oak Ridge Foundation's revenue in 2023 was $813,331.

Who are the executives of Oak Ridge Foundation and what are their salaries?

There 8 volunteers at Oak Ridge Foundation.

Here are 7 key members and their salaries:


Robert Van Hook (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Stair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Smith- Thru 32823 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Keck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Roberto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Davis (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oak Ridge Foundation?

Oak Ridge Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Oak Ridge Foundation

The Oak Ridge Foundation, in its mission, aims to support and cultivate scientific and educational pursuits that align with the objectives of Oak Ridge National Laboratory (ORNL) and the U.S. Department of Energy (DOE). This nonprofit organization is dedicated to furthering the economic, energy, and national security interests of the United States. By fostering these endeavors, the Oak Ridge Foundation contributes to the advancement of knowledge and innovation in various fields, thereby serving a vital role in the nation's development.

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Impact




July, 2024

Oak Ridge Foundation's impact can be seen in its support and promotion of scientific and educational initiatives that are in alignment with the missions of Oak Ridge National Laboratory (ORNL) and the U.S. Department of Energy (DOE). By focusing on these endeavors, the foundation contributes to the economic, energy, and national security interests of the United States. Through its philanthropic efforts, Oak Ridge Foundation plays a vital role in advancing research, education, and innovation in critical areas that have a significant impact on the country's development and security.




This information is meant to be a general summary of Oak Ridge Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$813,331 (2023)
Expenses
$258,535 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $119,792
  • Gross Receipts: $4,769,792

Assets and Liabilities:

  • Total Assets: $3,813,921
  • Total Liabilities: $1,675
  • Net Assets: $3,812,246

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Organization Details

Founding Year

2020

Principal Officer

James B Roberto

NTEE Category

Code: T30 - Philanthropy

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